Interim Report January - June 2003

  April-June January - June Jan.-Dec. July-June
Key figures 2003 2002 2003 2002 2002 2002/03
Net sales, SEK m 2,406 2,547 4,752 4,951 9,594 9,395
Operating income before goodwill amortisation, SEK m (EBITA) 188 222 367 395 788 760
Operating income, SEK m (EBIT) 174 206 338 363 725 700
Operating margin before goodwill amortisation, % (EBITA) 7.8 8.7 7.7 8.0 8.2 8.1
Operating margin, % (EBIT) 7.2 8.1 7.1 7.3 7.6 7.5
Income after financial items, SEK m 155 167 303 288 606 621
Income after tax, SEK m 102 109 200 188 408 420
Earnings per share, after full dilution, SEK 1.77 2.15 3.47 3.71 7.53 7.28
Return on capital employed, %         17.9 17.8
Return on shareholders' equity, %         18.7 16.8
 
  • Net sales fell by 4 per cent to SEK 4,752 million (4,951)
  • Organic growth of 3 per cent, corresponding to 10 per cent in the UK operation and 4 per cent in the Nordic operation.
  • Income after financial items increased by 5 per cent to SEK 303 million (288)
  • Income after tax increased by 6 per cent to SEK 200 million (188)
  • Earnings per share after full dilution fell as a result of last year's new issue of shares to SEK 3.47 (3.71).
  • Operating margin before goodwill amortisation fell to 7.7 per cent (8.0)
  • Decreased operating margin in the UK operation and in Norema in the Nordic operation.
If you have any questions about this report, please contact:
Fredrik Cappelen, President and CEO, Lennart Rappe, Vice President and CFO,
Katarina Sivander, Communications Manager, tel. +46 (0)8 440 16 00
 
Financial information is also available on Nobia's website: www.nobia.se
 
The full report including tables can be downloaded from the following link.
Interim Report January - June 2003 (PDF)